Building Details

Tenancy Multi

Listing Agency: Wagner Real Estate Group

Listed By: Philip Wagner · License #10491211947 Show Phone

Source: Crexi

Added: Apr 11 Changed: Aug 25 Last Checked: Sep 7 at 11:25AM

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Investment Insights

Based on property information with market context.

This four-unit residential income property is fully rented. The offering is structured as a quadplex, providing four separate rental units under one ownership.

The property is located near Albany Med and a College of Pharmacy, with proximity to downtown shopping and area highways.

Ideal for investors seeking an income-producing multifamily asset with current rental occupancy.

Key Highlights

• Four‑unit residential income property
• Fully rented
• Located near Albany Med and a College of Pharmacy

Property Analytics

Property Profile

Current Use

Quadplexes

Suggested Use

Top Pick Kitchen & Bath Showroom Electrical Service HVAC Service (Bike/Boat/Book/etc) Store Plumbing Service Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4

Residential units

100%

Occupancy

Multi-tenant

Tenancy

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

2,274

Businesses Nearby

Explore this area Business Placement

Demographics for 12209, NY

10,231

Population

4,768

Households

2.1

Avg Household Size

37

Median Age

46%

College-Educated

88%

High-School Grad

2.2 sq mi

ZIP Area

4,650

Density / Sq Mi

$81,642

Median Household Income

$51,848

Median Earnings

$1,165

Median Rent

$200,800

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this quadplexes located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Quadplex - Four-unit residential income property is fully rented, positioned near Albany Med and a College of Pharmacy.

Where is this quadplex located?

The property is located at 31 Besch Ave Albany, NY.

What are key features of this property?

This property features: Four‑unit residential income property; Fully rented; Located near Albany Med and a College of Pharmacy